The 'carry trade' unwind has barely begun, investor says

Mark Carnegie, founding partner of M.H. Carnegie & Co, told CNBC that Japanese regional banks could face a situation worse than the 2023 U.S. banking crisis.

[@jennifer.d.alaine]

Banks are becoming less reliable than in the past. The looming banking crisis is expected to be significant and devastating for those who are not ready. I recently withdrew $370k from my bank to invest in bonds and stocks of companies with strong cash flows. I think it's a great opportunity to seize the market for long-term profits. Any suggestions for promising stocks would be welcomed.

[@christopher506]

I dont think here is the place to ask such questions, looking at your budget. You should consider a financial planner.

[@sheldongardner3150]

True. My $400K portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.

[@jennifer.d.alaine]

Who is the financial planner you're working with, and what's their strategy behind your investments?"

[@HoneyBadger80886]

Big Recession Needed. Wash out the Zombies.

[@illegalsmirf]

'They've been hostile to speculation and they've been hostile to inequality' he says as if those are bad things?!

[@davidlai399]

He said those are intelligent policies

[@mingdianli7802]

He says that the The 'carry trade' unwind has barely begun but doesn't really provide an argument for that view.

[@derikuk2967]

The hot potato debt is rotating from one hand to another. What is the "optimum" interest rate?

[@HoneyBadger80886]

Buy bitcoin.

[@ascendingpotato9221]

Well if it isn't peruvian bull's Dollar End Game theory coming about.

[@jackhsiehhautecouture]

The end is just the beginning.

[@dewensun4332]

There is one thing that I absolutely agree with, China is a great market just for how cheap it is! From equity to consumer and production pricing is just insanely cheap, which significantly reduces the cost and risk of investment. There is also no sign in productivity decline

[@minutemaniii7062]

Lol pls go invest in Communism , then see if u can take it any cash 😂😂😂😂

[@rof8200]

Therefore, central banks will need to keep a close eye to prevent a deflationary spiral from taking place

[@minutemaniii7062]

This is a real possibility

[@eventtrading]

Good stuff. BOJ has been under fire for years and they are players now. A huge hammer was put in last week. From a purely quantitative view, the S&P (5500) will end the year at 6000, that's based on current Regression analysis. (Range 5600 - 6400),

[@citizendc9]

While I don't necessarily agree, David Hunter, who has thus far predicted the current market tops has speculated that the meltup of stocks would spike right toward the end.

[@eventtrading]

@@citizendc9 OK, but I wouldn't categorize it as a meltup. More like a grind, over and below it's regression line several times this year. At the moment, smack on rising regression line. Quite a recovery after the BOJ crash. So 6000 is a real possibility.

[@jeffstrong4580]

You should be shorting if you are willing to lose all with short covering going on for the last 5 hours.

[@musiccreation1198]

This didn't age well ;)

[@minutemaniii7062]

Japan will be exporting DEFLATION , over the next 30y now🎉🎉🎉

[@LivingWithGout]

Debts debts the world is awash in debts.

[@jrmayberry3536]

I'm not sure a drunk aussie is who i am going to be listening to

[@shamseddin---]

🧨🧨🧨

[@norvikgrigorian4518]

So China has a real economy?! Russia, South Africa, Brazil and India have Real Economy! 😂

[@effa2985]

Lol the interviewer has no idea what he is talking about

[@jaym9846]

Funny money is best.

[@scrubbwhite291]

Buy CVX. Good cash flow, stable, good dividend. Hydrocarbons are forever.